Preferred Mutual Ins Co
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
10,067
820
10,887
7.53%
23.31%
2023
8,531
650
9,181
7.08%
22.83%
2022
8,255
680
8,935
7.61%
23.10%
2021
8,300
670
8,970
7.47%
22.81%
2020
9,360
750
10,110
7.42%
21.51%
2019
13,218
1,211
14,429
8.39%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
1,670
360
2,030
17.73%
47.44%
2023
1,390
339
1,729
19.61%
47.29%
2022
1,377
287
1,664
17.25%
45.44%
2021
382
96
478
20.08%
44.40%
2020
347
67
414
16.18%
42.45%
2019
430
76
506
15.02%
44.33%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
374
187
561
33.33%
41.75%
2023
450
185
635
29.13%
38.64%
2022
419
203
622
32.64%
39.39%
2021
448
288
736
39.13%
40.41%
2020
563
675
1,238
54.52%
48.09%
2019
690
315
1,005
31.34%
43.30%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
2,404
597
3,001
19.89%
39.58%
2023
2,201
664
2,865
23.18%
36.96%
2022
2,425
664
3,089
21.50%
37.07%
2021
3,063
998
4,061
24.58%
39.17%
2020
3,487
1,076
4,563
23.58%
35.42%
2019
3,991
1,123
5,114
21.96%
35.34%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
9
4
13
30.77%
12.20%
2023
2
3
5
60.00%
16.34%
2022
5
3
8
37.50%
11.13%
2021
5
8
13
61.54%
18.93%
2020
17
19
36
52.78%
20.93%
2019
12
13
25
52.00%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
1,670
360
2,030
17.73%
45.22%
2023
1,390
339
1,729
19.61%
44.64%
2022
1,377
287
1,664
17.25%
46.15%
2021
1,473
328
1,801
18.21%
46.87%
2020
1,627
405
2,032
19.93%
43.90%
2019
2,837
592
3,429
17.26%
42.09%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
2
0
2
0.00%
64.47%
2023
1
1
2
50.00%
62.55%
2022
1
0
1
0.00%
56.52%
2021
0
0
0
0.00%
62.74%
2020
0
0
0
0.00%
61.51%
2019
0
0
0
0.00%
70.02%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
National Average
2024
0
1
1
100.00%
35.33%
2023
0
0
0
0.00%
35.67%
2022
0
0
0
0.00%
37.14%
2021
0
0
0
0.00%
35.46%
2020
0
0
0
0.00%
33.86%
2019
1
0
1
0.00%
34.01%